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Overview

The Value Fabric: A Guide to Doing Business in the Digital World describes how business should be conducted in the digital world using a new concept called the value fabric.

A value fabric is a mesh of interwoven, cooperating organizations and individuals, called parties, who directly or indirectly deliver value to customers.

The book address the following questions:• How are multi-party, multi-industry business models represented in today's digital world?• How is a vibrant fabric composed of these parties (participants) developed?• What are the keys to successful participation in the fabric?• How should participants communicate with one another?• Does the use of industry standards enable successful cooperation among participants?• Where can standards be found?• What are the similarities and difference between the value fabric and value chain / value network?

And also of importance is why we should care about all this:• The digital world requires a standard way to simply describe and visualize the way business is conducted, and the value fabric provides that.• The digital world demands agility, and the value fabric enabled by industry standards provides a way for businesses to become and remain agile.

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Product Details

About the Author

John P. Reilly is a member of the TM Forum's technical staff and a master trainer for the TM Forum. His technical staff responsibilities include providing Information Framework (SID) model subject matter expertise in support of TM Forum projects. In November 2005, John was named a Distinguished Fellow of the TM Forum in recognition of his contribution to the development of TM Forum Frameworx and the Information Framework. He is the author and co-author of a number of books and articles on these subjects, including Getting Started with the SID, Using the SID for Application Integration, eTOM - A Business Process Framework Implementer's Guide, Implementing the TM Forum Information Framework (SID), Frameworx Distilled, Frameworx: Mastering the Digital World, and now The Value Fabric: A Guide to Doing Business in the Digital World. He also leads NGOSS Associates, a consulting practice focused on offering Frameworx implementation guidance to TM Forum members. John holds degrees in mathematics and systems engineering, and enjoys shooting pool and playing golf in his spare moments.

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